April 5, 2018 / 4:41 AM / 7 months ago

BRIEF-Orascom Development Holding FY Net Loss After Minorities At CHF 41.4 Million

April 5 (Reuters) - Orascom Development Holding AG:

* FY 2017 REVENUES GREW BY 2.9% TO REACH CHF 244.4 MILLION VS. CHF 237.4 MILLION IN FY 2016

* FY ADJUSTED EBITDA SIGNIFICANTLY INCREASED BY 70.4% TO CHF 33.4 MILLION VS. CHF 19.6 MILLION IN FY 2016

* FY NET LOSSES FOR THE PERIOD REDUCED TO REACH CHF 41.1 MILLION VS. CHF 243.8 MILLION YEAR AGO

* FY NET LOSS AFTER MINORITIES CHF 41.4 MILLION VS CHF 196.4 MILLION YEAR AGO

Source text - bit.ly/2q8BC39

Further company coverage: (Gdynia Newsroom)

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